NOT LISTED FOR SALE

26 Prospect St Waterville, ME 04901

Estimated Value: $253,101 - $330,000

8 Beds
2 Baths
3,091 Sq Ft
$94/Sq Ft Est. Value

Last Sold March 08, 2019

Last sale price $150,000 $49 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $1,969/month

57 Days on Market

Highlights

  • Wood Flooring
  • 2 Fireplaces
  • Porch
  • Main Floor Bedroom
  • No HOA
  • Bathtub

About This Home

As of March 2019

Truly a remarkable two family! First floor unit has 3 bedrooms. Second floor unit has 2 bedrooms with access to the 3rd floor which could be 1-2 additional bedrooms. Beautiful wood floors, original character can be seen throughout. Fully rented, tenants pay their own heat. Investors take notice!

Last Agent to Sell the Property

Heather Thorne

Coldwell Banker Plourde Real Estate Listed on: 10/24/2018

Last Buyer's Agent

Mony Hang

Maine Coast Properties, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,623

Year Built

  • Built in 1928

Lot Details

  • 0.27 Acre Lot
  • Level Lot
  • Open Lot

Home Design

  • Brick Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 3,091 Sq Ft Home
  • Multi-Level Property
  • 2 Fireplaces

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 261
  • Assessor Parcel Number WAVL-000052-000000-000261

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,623

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.27
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Main St, Turn onto Prospect St. House on left. See sign.
  • Above Grade Finished Sq Ft: 3091.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1928
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.27
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 3091.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Style:Multi-Level: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Building Info:_pound_ Fireplaces3: 2
  • Property Information:Bank Owned REO: No
  • Basement:Sump Pump: Yes
  • Exterior:Aluminum Siding: Yes
  • Basement Entry:Exterior Only: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Sump Pump, Exterior Only, Unfinished
  • Full Bathrooms: 2
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Wood, Vinyl, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, Bathtub
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Aluminum Siding, Wood Frame
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11761.2
  • Parcel #: WAVL-000052-000000-000261
  • Zoning: RB

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2623.0
  • Tax Book Number: 10467
  • Tax Lot: 261
  • Tax Map Number: 52
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2018
Closed on
Mar 7, 2019
Sold by
Southern Angel Props Llc
Bought by
Samm Co Holdings Llc
Seller's Agent
Heather Thorne
Coldwell Banker Plourde Real Estate
Buyer's Agent
Mony Hang
Maine Coast Properties, Inc.
List Price
$167,500
Sold Price
$150,000
Premium/Discount to List
-$17,500
-10.45%
Total Days on Market
57
Current Estimated Value
$291,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,025
Avg. Annual Appreciation
9.58%
Original Mortgage
$120,000
Outstanding Balance
$106,977
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$158,556

Purchase Details

Closed on
Jul 9, 2010
Sold by
Lavoie 3Rd Kenneth F
Bought by
Southern Angel Props Llc

Purchase Details

Closed on
Sep 17, 2009
Sold by
Williams Gregory J
Bought by
Lavoie Debbie L and Lavoie Kenneth F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Samm Co Holdings Llc -- --
Southern Angel Props Llc -- --
Lavoie Debbie L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Samm Co Holdings Llc $120,000
Previous Owner Lavoie Debbie L $82,000
Previous Owner Williams Gregory J $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2019 03/08/19 Sold $150,000 -10.4% $49 / Sq Ft
12/21/2018 12/21/18 Pending -- -- --
10/24/2018 10/24/18 For Sale $167,500 -- $54 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,014 $200,700 $22,900 $177,800
2023 $3,994 $200,700 $22,900 $177,800
2022 $2,683 $103,800 $17,200 $86,600
2021 $2,647 $103,800 $17,200 $86,600
2020 $2,674 $103,800 $17,200 $86,600
2019 $2,674 $103,800 $17,200 $86,600
2018 $2,623 $103,800 $17,200 $86,600
2017 $2,422 $103,800 $17,200 $86,600
2016 $2,367 $103,800 $17,200 $86,600
2015 $2,346 $84,400 $18,900 $65,500
2014 $2,313 $84,400 $18,900 $65,500
2013 $2,313 $84,400 $18,900 $65,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1374927

Maine Listings

APN: WAVL-000052-000000-000261